Stocks Improve After Fed Minutes; Web.com Extends Gains

Stocks briefly touched new session highs after the Fed minutes revealed that members have yet to make a firm decision on raising interest rates.

The Nasdaq and the S&P 500 were each up 0.6%. Meanwhile, the Dow Jones industrial average outperformed with a 0.9% gain. Volume continued to track lower on both major exchanges in the stock market today.

Web.com Group (NASDAQ:WWWW) pushed its gain to nearly 5%. The stock cleared a handle that is too low in the base to be proper. It also cleared resistance around 35.

AmTrust Financial Services (NASDAQ:AFSI) trimmed a 3% gain to less than 1%. It slipped below a 44.85 buy point from a three-weeks-tight pattern cleared earlier Wednesday. The insurance provider is featured in Wednesday's New America and is a new member of Leaderboard.

Stocks briefly touched new session highs after the Fed minutes revealed that members have yet to make a firm decision on raising interest rates.

The Nasdaq and the S&P 500 were each up 0.6%. Meanwhile, the Dow Jones industrial average outperformed with a 0.9% gain. Volume continued to track lower on both major exchanges in the stock market today.

Web.com Group (NASDAQ:WWWW) pushed its gain to nearly 5%. The stock cleared a handle that is too low in the base to be proper. It also cleared resistance around 35.

AmTrust Financial Services (NASDAQ:AFSI) trimmed a 3% gain to less than 1%. It slipped below a 44.85 buy point from a three-weeks-tight pattern cleared earlier Wednesday. The insurance provider is featured in Wednesday's New America and is a new member of Leaderboard.

See Also

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Major averages started off the week with a bullish accumulation day, cheered by a big merger in the chip space and news of another interest-rate cut in China. The Dow Jones industrial average hit a record high, rising 0.9%. The Nasdaq also gained 0.9%, while the S&P 500 picked up 0.6%. The ...

03/02/2015 04:22 PM ET

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